Edtech major BYJU'S will launch the Initial Public Offering (IPO) of its test preparatory arm Aakash Education Services Limited by middle of next year, the company said on Monday.
BYJU'S acquired Aakash Education for around $950 million (Rs 7,100 crore) in April 2021. Since the acquisition, Aakash has clocked a three-fold jump in revenue in the last two years.